Online Banking Formats for Yahoo Scam
1. Fake Online Sellers and Buyers
Scammers browse online classifieds for potential victims.
They contact those advertising cars, electronics or just about anything of
value, pretending to be an interested buyer.
Payment arrives as a counterfeit check – often for more than the sale price.
You are instructed to wire the extra amount to a third party or reimburse the
difference.
Scammer will claim the wired money is payment for an intermediary to ship
the item.
Other times, they may send a check for the correct amount, then back out of
the deal and ask for a refund.
2. Fake Lotteries
You receive a message showing you’ve won a big prize and a check.
You’re told to keep some of the money and send a wire transfer to cover a
“processing fee”.
If you send the money, you never see your prize.
3. Phishing
Bank websites can be cloned by criminals.
These sites use a similar address to the genuine bank website and use it to
trick customers.
Fraudsters send emails and text messages that pretend to be from a bank.
From a spam email, you’re encouraged to click the link to fix the problem or
else your account will be suspended.
If you click the link, though, you go to a fake version of the bank’s website.
When you then “log in,” you’re actually providing your name, online banking
passwords, PIN, or account or card details on the fake websites to the scammers
who are fishing for your login information, so they can steal your identity and make
your life miserable.
Bitcoin Yahoo Format
This is a simple scam format yahoo guys are now using to cash out easily.
In this format, a client does not need to be convinced physically and money is
always paid in Bitcoin, not even dollars.
Also, a picker is not needed here.
The steps include:
The G-guy finds a good web designer to help him design a good bitcoin
website.
Fill up the website with excellent posts.
Starts advertising the website for people to invest in the website.
Once anybody invests, he deletes and blocks the person from the website.
6. Instagram Flipping
The steps include:
The G-guy hacks someone’s Instagram account with a good number of
friends or followers.
Then post good news with the person’s account of how he invested $1000
and got $3,000 in 1 hour.
Some of the victim’s friends contacted him.
He convinces them that the flipping is real by posting fake testimonials and
proofs.
Some friends pay $1000 to invest for a start.
Immediately after they pay, he blocks them and deletes their username.
7. Grant Lotto Format
This format usually involves finding and telling clients (who are core gamblers) that
they have won $5 million or more from Lotto, and all that is required to claim their
winning is to provide their account number for instant payment.
The aim of collecting their account number is to use some Blackhat methods to
siphon money from their banks.
8. Blackmail Format
Blackmail format includes sexual blackmail from sex chat, emotional blackmail, and
defamation.
Sexual blackmail is when a client’s nude is collected and threatens to be leaked
online and the client now agrees to send money to avoid shame.
Emotional blackmail is when a yahoo boy makes a client love him dearly and, later,
he threatens to end the relationship.
The client who is now vulnerable in love would do anything desperately to save the
relationship, including sending money to make him happy.
Defamation blackmail is when lies are made up about a client.
For example, a yahoo boy can plan false convincing evidence and tell a client that
he/she will be reported for a crime they did not commit unless they pay some
money. When they pay, money is cashed out.
9. Credit Card Format
This yahoo format involves the collection of credit card details, also known as CC,
from a client.
Afterwards, the card details are used to shop online without OTP or sold on the dark
web.
10. Cash App
In this format, a client is made to send funds to a Cash App account for a fake
service or product offering and gets blocked after money is received.
11. Grant Billing
New yahoo format to collect SSN from client.
In this format, a client is made to think that the government is giving grants to
people.
Thereafter, gift card and bank account details are collected from clients online.
12. Spiritual Master
The spiritual master format is when one pretends to be a spiritual master or pastor
for someone, gains their trust for having spiritual powers and starts collecting
money from them.
13. Hospital Format
In this format, one gets to make friends with a client, and after a few weeks or
months, tells the client to send money that he is sick, having surgery or had an
accident.
Pictures are also sent to the client to make the lies look real.
@Magic Finger
